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In Austin, rents fell by 22% in less than two years, after the government allowed higher density and taller apartment buildings, made it easier to get building permits, and eliminated the parking space requirements.
Wordpress ^ | March 1, 2025 | Dan from Squirrel Hill

Posted on 03/01/2025 1:34:25 PM PST by grundle

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1 posted on 03/01/2025 1:34:25 PM PST by grundle
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To: grundle

So the law of supply and demand works.


2 posted on 03/01/2025 1:35:34 PM PST by JSM_Liberty
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To: grundle

Hawaii should take notice.


3 posted on 03/01/2025 1:36:10 PM PST by Whatever Works (The real power lies in who counts the votes and controls the teleprompter.)
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To: JSM_Liberty

As does limited government. Provably.


4 posted on 03/01/2025 1:36:26 PM PST by Bloody Sam Roberts (Perfection is impossible. But if you pursue perfection...you may achieve excellence.)
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To: grundle

And that is supposed to be a good thing? Creating denser and denser high rise apartments with few and fewer parking spaces? No thank you.


5 posted on 03/01/2025 1:37:25 PM PST by CdMGuy
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To: grundle
In Austin, rents fell by 22% in less than two years, after the government allowed higher density and taller apartment buildings, made it easier to get building permits, and eliminated the parking space requirements.

Sounds like self-inflicted 15-minute cities.

6 posted on 03/01/2025 1:37:46 PM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: grundle

the other thing that the left always gets wrong on this is trying to build NEW affordable housing.

New will NEVER be affordable!

The new stuff is built to temp the highest incomes into them, which move from where they are making room for someone below. This continues all the way down the food chain until you get to the bottom lowest level of rentals which then become available or cant fully rent without dropping the price.


7 posted on 03/01/2025 1:40:39 PM PST by TexasFreeper2009
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To: grundle

No parking spaces, in Texas? All those cars now taking up spots on the street.


8 posted on 03/01/2025 1:47:58 PM PST by Mr. Blond
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To: CdMGuy
And that is supposed to be a good thing? Creating denser and denser high rise apartments with few and fewer parking spaces? No thank you.

We study history of cities and say "If only they had done better, the city could have thrived longer and possibly continue thriving into the future".

The financiers and developers study a city and say, "We can make x amount of money cutting corners and screwing people before it goes too far and it becomes a losing investment. By that time, we'll have moved onto the next one."

Their history of creating slums, clear-cutting forests, polluting lakes, rivers, soil, and groundwater, etc. - It's all just a pump-and-dump scheme to them. Peasants be damned.

9 posted on 03/01/2025 1:50:12 PM PST by T.B. Yoits
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To: grundle

Yeah, it’s great.

Rainey st. Is now surrounded by 14 story buildings.

The partiers on the rooftops can drop drinks on everyone walking the party street.

Austin died when they bulldozed the Armadillo.


10 posted on 03/01/2025 1:55:23 PM PST by Regulator (It's fraud, Jim)
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To: grundle

High density rentals = More democrats


11 posted on 03/01/2025 1:55:44 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: JSM_Liberty
So the law of supply and demand works.

They do in every instance except where the gov't steps in and mucks it up. Never forget: All the gov't can do in any market is redirect resources from one (often productive) use to another (often less productive) use.

12 posted on 03/01/2025 1:58:45 PM PST by econjack
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To: Mr. Blond

When I was at UT Austin in the 1990s, new students were given a spoof parking map. Oklahoma and New Mexico were listed as “Remote Parking”


13 posted on 03/01/2025 2:01:00 PM PST by Fai Mao ( Democrats need to go to prison.)
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To: grundle

Those units should rent for much less, because they’ll be much less desirable.


14 posted on 03/01/2025 2:02:45 PM PST by Romulus ( )
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To: grundle

“ higher density and taller apartment buildings, made it easier to get building permits, and eliminated the parking space requirements.”

Sounds like a Chinese hellhole city


15 posted on 03/01/2025 2:04:45 PM PST by HereInTheHeartland (“I don’t really care, Margaret.”)
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To: Mr. Blond

The left is endorsing ending the parking requirements which sounds ominous to me.

I lived a long time on the beach where there was almost no parking for the residences and the street parking was constantly full which meant that many had to park blocks away from their apartments and during the summer beach days and events people would have to park a half mile or more away, which is a terrible way to live.

If you found a spot, you did not want to leave for an errand or shopping, or to visit someone, personally I had two parking spots on the dirt of my little shack which made me rich in parking, and made me a fair amount of money whenever I had only one vehicle and would charge a monthly rental on the other spot.


16 posted on 03/01/2025 2:05:39 PM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: grundle

TEXAS GETS IT RIGHT AGAIN, even in left wing Austin, also known as “Berkley on the Colorado.”


17 posted on 03/01/2025 2:11:35 PM PST by cpdiii (cane cutter, deckhand, oilfield roughneck, drilling fluid tech, geologist, pilot, pharmacist ,MAGA)
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To: grundle

They want us to live in hives with no cars.


18 posted on 03/01/2025 2:12:19 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Regulator

The Armadillo was the best.
In the 70’s downtown was a great place to be.
The libs have destroyed it. I won’t go back.


19 posted on 03/01/2025 2:23:33 PM PST by redshawk ( I want my red balloon. https://youtu.be/VexKSRKoWQY)
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To: grundle

Austin is a LOUSY example.

Dan’s in left field on this one.


20 posted on 03/01/2025 2:37:03 PM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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